Layer 3 Foundation launches Yellow Clearing Network testnet in Duckies, innovating in decentralized clearing and counterparty risk mitigation.
Layer 3’s Yellow Clearing Network, using ClearSyncTM protocol, promises to revolutionize trading, increasing security and efficiency in financial transactions.
Layer 3 Foundation, a pioneer in blockchain-based financial technology, has announced the launch of a test network for its Yellow Clearing Network, the first decentralized clearing system.
This initiative seeks a new direction with a mission to decentralize clearing and settlement processes to scale trading using blockchain technologies.
Founded by a team of fintech, software architecture, cybersecurity and market making experts, Layer 3 Foundation has been hand-in-hand within the crypto sector and in using blockchain to create financial solutions today. The $YELLOW token, central to the Yellow Clearing Network, is a testament to the foundation’s commitment to technology and a decent

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